Listed by: Essig & Associates, Vine Property Group, Inc.
$395,000
●
House -
Off Market
53804 Avenida Velasco
La Quinta, CA 92253
3 Beds
3 Baths
1,956 Ft²
$721,311
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model
About This Property
If you're looking for an upgraded charming home with an open floor
plan on one of the rare DOUBLE LOTS in the Cove, plus pool/spa, big
grassy yard and MOUNTAIN VIEW...Welcome Home! This beautiful
property boasts a granite kitchen, Viking range, wood floors,
Travertine baths and beamed ceilings. There are 3BR/2BA in the
home, plus pool bath in the detached 2 car garage, just steps from
the pool. Master bath has dual vanities, separate shower and spa
tub. 2nd bath has dual vanities and walk in shower. Pool bath has
single vanity and walk in shower. Be sure not to miss pool bath
when you preview the property. The home has been freshly painted,
with brand new carpet in all 3 bedrooms. Pool has been remodeled
with new pebble finish. French doors from the space for formal
dining area and French doors from the great room with stone
fireplace lead to the patio, which has footings already installed,
if you want to add a patio cover. The lot is lushly landscaped with
many palm trees.
Unit Size
1,956 Ft²
Days on Market
61 days
Land Size
0.23 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #215005336DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2015 | Sold | ||
| Sold | |||
| Feb 9, 2015 | Listed by Vine Property Group, Inc. | $399,000 | |
| Listed by Vine Property Group, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Essig & Associates, Vine Property Group, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215005336DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215005336DA
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